7025 Longley Ln, Reno, NV
13,800 SF commercial building in Reno's Longley Corridor.
- Added:
- Jul 31, 2025
- Days on Market:
- 317
- Last Refresh:
- May 20 at 9:10 pm
Property Features for 7025 Longley Ln
General Information
- Standard status
- Active
- Size
- 13,800 SF
- Lot size
- 1.48 Acres
- Property subtype
- OFFICE
Listing agent Mike Keating (775) 386-9727
Listing office Logic Commercial Real Estate | Reno (775) 386-9727
Listing date Jul 31, 2025
Source Moodyscre
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HighLights
- Fully occupied commercial building
- Located in the Longley Corridor
- Size: ± 13,800 SF building on ± 1.476 AC of land
- Four (4) tenants in place
- Built in 1996
- Diverse tenant mix: theater arts, medical office, veterinary service, aesthetics clinic
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $399.1k | $28.92 |
| − Vacancy | −$73.8k | −$5.35 |
| EGI | $325.3k | $23.57 |
| − OpEx | −$81.3k | −$5.89 |
| NOI | $243.9k | $17.68 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Reno
- County
- Washoe
- State
- Nevada
- Longitude
- -119.774
- Latitude
- 39.461